As 05/04/2023 after 15 long months , I am completely DEBT FREE!!! Let all the glory be to God!!! No car payment, no student loan payments or credit card. Praise God for provision and the strength to persevere during this long journey. With God everything is possible!!!
First caller. Losing $3300 for calling off an engagement is going to be a heck of a lot less than getting out of the marriage when the wife decides to send you through the family courts. Count yourself lucky for being wise beyond your years.
I think getting married at 23 is too soon for many people (not all). All of us "older" folks look back at us at 23 and remember all the constant dumb mistakes and immaturity. The male brain doesn't fully mature until 25 as well. I think he just rushed into it.
Only daydreamers try to get an LLC without an adviser !!! It’s such a blessing that my husband and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what he lacks, he’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now. Especially getting a proficient advisor to work with because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours.
The only way I was able to scale through all of this without stress was by working with a financial adviser. My adviser *STEPHANIE KOPP MEEKS* has always had my back all through the process of property investment and investing in general. You can glance her name up on the internet and verify her yourself. She has years of financial market experience.
Thanks for sharing this financial insight. I currently make 106k/yr. No home or Investment and I work from home. I need to do something quick or else I’m going to be paying a lot to the IRS come tax season.
17:04 Jonathan, let me give you some advice someone told me once when I was chasing a certain kind of job at a certain place, and I kept praying about it and nothing would work out. She said to me, “Have you ever thought that God is closing the doors around you and you keep trying to pull on that one door and He’s on the other side of it holding it closed for dear life and you keep pulling on it! Maybe he wants you to open the door at the other end of the hallway that looks closed but it’s already unlocked and easy to open.” ☝🏼🚪 Just pray and be open to His answering. 🙏🏼
i agree that binge watching the youtube channel isn’t as effective as going through FPU. i thought it wasn’t worth it since i’ve been watching rachel & dave for 10 years but we finally went through it when my husband was ready & it’s more beneficial & so much more informational then you would expect. loved it so much we are doing it again since we have a year with it!
I didn’t realize what it was like to not live in an area that had bullets, drugs and drag races going on all night and health toll that took until I moved. That knot in my stomach is gone and I’ve noticed I’ve been sleeping better all around much better
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@devereauxjnr I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.
@@AlbertGReene-p8w I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@SkepticalMechanic-l9x My advisor is NICOLE DESIREE SIMON, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@AlbertGReene-p8w she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
I’m a millennial and I’m with Dave on choosing safe neighbourhoods. I lived next door to a man who started taking meth when his relationship broke down. A buddy moved in with him and they’d keep odd hours, play loud music a lot, had 5 dogs between them who would bark all night and when confronted, threatened violence. I didn’t even think twice, I put the house on the market the next week. People tried to encourage me to hold off, but I had two special needs children and a husband newly diagnosed with terminal cancer. We moved and rented for awhile. I’m now living in the most amazing neighbourhood, the house is a mess and I’m battling the city with fixing it up (we’re in a heritage zone, it’s a long story), but the kids and I now live in a safe, quiet neighbourhood and it’s worth the peace.
Peace is a real game changer in life. People who haven't experienced peace, don't understand that until it happens and it's an awakening. That includes finances, living conditions, health, faith, etc.
I was advised to diversify my portfolio among several assets such as stocks and bonds. That this can grow my portfolio for retirement of about $450k to 3x it's value. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Wow how I wish I could 'discuss' things like you and Dave do (father and daughter) and it doesnt end up in a sulk or silence or one or other feeling hard done by (me included 🙂), it's fabulous to watch you both having a healthy, feisty discussion and ending it so well, brilliant.
Been following the Baby Steps for years. Even hubby is on board! Appreciate all the advice and laughs over the years Dave! (We’re on Step 6, paying off the house) 😊
@@mirix1515she makes counter points and uses a different perspective. And yes that is disagreement sometimes. There's no disrespect involved. Not sure why people think disagreement is bad...
My spouse and I are diversifying our long-term investment portfolio by adding various stocks and ETFs. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
Chase is smart to get out of it. He should pay the money to feel good about his choice.. her parents should feel blessed that Chase was a stand-up enough guy to not leave their daughter at the altar on the wedding day... like many people have experienced
Robert, I can relate-I had a similar experience in Atlanta, and it left such a mark that I’ll never live there again. It was even worse for us because we dealt with armed robberies in our neighborhood. The police took over 40 minutes to respond when we called. Peace of mind is everything, especially with a new baby. There are a lot of OTP (outside the perimeter) places that are still rural or suburban, yet not far from Atlanta, where you can have peace of mind. In those areas, neighbors look out for each other, and the police respond quickly. Since I’ve been in a similar situation, my advice would be to focus on breaking even, then start saving for a down payment on a home in North Georgia. Wishing you and your family all the best 🙏. Everything will work out for you all! Sending prayers your way.
One time, I was in a less than ideal work environment, and it was so aggravating that I was tempted to report it to higher authorities...and then one day, I had the thought "Once this doesn't affect my paycheck, it doesn't matter". I was in a sales position. And that changed my entire demeanor and my thought process about the situation. Even my boss noticed that I was more carefree about it YET the aggravating situation was still there. In summary, there are times when it takes an internal shift in thinking to be able to make you accept and EXCEL in a situation that is aggravating.
In response to that, 2nd call with the gentleman who got fired. "Where one door closes, another door opens. Don't ever be afraid to walk through that next door that God opens for you. " Remain calm even in struggling times and put your faith and trust in God. I'm speaking from my personal experience, getting fired as well after 10 years of company loyalty and being a thoroughbred workhorse. I look back now 8 years later, and that's the best thing that's ever happened to me.
This show really hit hard after listening to the guests who called about their loved ones passing away. My prayers to them. My mother also passed away and fell in my arms in front of my daughters on my youngest bday in 2018. Still hurts till this day but you just learn to live with the pain. Sold the condo bcuz was real hurtful being there. Just wished I had been listening to this show then as I made some bad decisions with the $ from the condo. My mindset is different now as I watch this show everyday and finished two of Dave's books :)
1:50:00 argument btn Dave and Rachel: Dave’s correct. If that order didn’t matter, then Dave’s plan would just be like every other plan. That exact part is why Dave’s plan is different from the rest.
100%. There are two really good reasons why I love Dave's focus on the Debt Snowball and not on interest rates (aka. The Avalache Method). 1) He understands that dealing with money is mostly a behavior problem, not a mathematical problem. 2) His baby steps puts you in the Best Possible Situation All Along the Way (and doesn't just look at the end result). He understands that Life Happens. In BS2, he wants you to have the lowest minimum payments possible. Eliminating the smaller debts gets rid of some of your minimum payments. Therefore, should something negative happen in your life, you have the least payment possible at that moment. I would add that interest rates don't matter that much if you are gazelle intense about getting out of debt as most people can get out of debt within 24 months (I do believe Dave's not against re-financing if it is going to take longer). In the caller's situation, his interest rates are very reasonable. Doing the debt snowball, he'd pay the $6k first at 3.75% interest, then $11k at 0% interest, then $30k at 3.5%. To pay it off within 2 years, they'd have to throw more than $2k/mo at this debt. The first (smallest debt) to go would also be the highest interest and be gone in another 3-4 months. The second would be the no interest. After the first min payment is gone, they'd be putting probably $1.5k or more on the second, meaning it would be gone within 5-6 months. So the interest accumulated on the last debt over 5-6 months would be in the neighborhood of ~$70-80 a month, or about $300-400 saved over a period of ~18-24 months...not insignificant, but not huge. I hope Rachel is truly listening to her Dad's wisdom.
@@joshhoward1289. just to play devil’s advocate for a minute here’s a couple counterpoints to your reasons. 1. Fully agree that debt is mostly a behavior problem. However, I don’t think that the order you pay off the debts dictates if you’ve solved the behavior or not. You fix the behavior by not going into further debt and paying off what you currently owe. This can be done with snowball or avalanche. 2. Maybe you logic is right, but maybe it’s not (depends on the type of debt). Minimum payments are often based on a percentage of the debt. Just because you remove a $40 minimum payment by paying off the lowest balance doesn’t mean that your total minimum payments wouldn’t have gone down by $40 or more if you had applied that money to the balance with the largest interest rate. I might add that if the interest rates don’t make a difference, then they can’t be used as an argument to support either side of the snowball vs. avalanche methods.
Rachel agrees with Dave on the snowball method, I think she’s just saying that it isn’t a hill worth dying on based on how the caller talked about convincing his wife. She seemed to be saying, come up with a compromise and stick to the important thing which is being serious together about paying off debt. Dave was pretty much like nope, there’s only one way and it’s the best way haha. They are both firm in their opinions and yet open-minded and playful and I’m here for it all 😂
Diana is doing the right thing when it comes to staying home with her kids as they become teens. Teens need someone at home when they come home. My son would have been much better off if I had been there when he came home at 13. Their friends start to be too much of an influence--or in our case the bullies got away with it at school and we almost lost him way too early. Thankfully as a single mom, we made it through this tragic time.
I appreciate your approach to teaching. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, heard some guy speaking of making over $1.3m from a $300k capital since the pandemic and I'm driven to ask what skillet and strategy can generate such profit
Find stocks with market-beating yields and shares that at least keep pace with the long term market trend. However, for a successful long- term strategy you have to seek guidance from a financial advisor.
I’ve seen both sides of the coin , I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to an advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.
interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
I personally work with ‘’Colleen Rose Mccaffery'' she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
What I like about Rachel is that she does not always agree with Dave, like the other personalities do. They will shake their heads in agreement with Dave no matter what his advice is. Of course, he's her father. Therefore, I believe Dave allows her that "license" to do so. Furthermore, she naturally feels more comfortable calling him out as it is needed.
The guy who broke off the engagement - Marriage was his idea and he changed his mind, which is good that he ended things if it wasn't right. However money was spent bc of his idea and commitment so he is responsible for a large part of that. If money was spent that was way obove what he intended, then it's more complicated.
He's 23 and wants advice. That takes courage and is smart to get a second opinion about anything involving $3,000. He was already 90% there, he just wanted good council first.
I would suggest checking the library. I'm going to check mine this week. I'm hoping that they have some of these books. I'm disappointed that you have to pay for the app.
About once a year, the Ramsey site offers a free trial which includes the nine video classes of FPU. I watched them a couple of years ago when Hogan "The Voice" was still in the video. Great stuff!
I did the financial peace university with my husband but he still didn't do what we were taught he spent money that was not his fun money on other things that was just for him. And then we went to counseling and all he got out of it was i was to do all the house work and go to work and pay all the bills and he geta to keep all his money so i thought what do i need him for so i left. And now he is mad that i left and is telling every one that i will be coming crawling back but guess what he now has to pay bills because i am not paying for a place i am not living at.
Why are mothers wanting to be a stay at home mom for teenagers? Do they not realize that teenagers are rarely home? And why do so many women think it's all or nothing? Part-time keeps you in the marketplace in the event you ever want to return to full time.
He made empty promises that were well on their way to bite him in the butt and in total classless act fashion decided he wanted to negociate and make the already heartbroken girl that got dumped mitigate the impact HIS desicion would have on him. Not really courageous.
So I have been watching this show nonstop for like a month and I have no idea what it means when they say broadcasting from “the pods moving in storage”
If you think about the first call, the girl and her parents were very reasonable about the money they weren’t spending a ton on the wedding, and then deducted the price of the dress, even though they could argue that that was his idea as well since he proposed. So I see her family is very reasonable, and this guy is calling a national talkshow to ask you if he should be paying what he’s clearly obligated to pay. I don’t think she was the problem.
I like these two together but I also felt more tension in this show than ever before. I think one does not have to agree with Dave but on another level there should be a certain amount of respect for dad…and boss that may have missed the mark today.
That's the one thing I don't like about having Rachel in the show. She acts way too casual. This is a radio show with millions of listeners, and the constant interrupting and talking into commercial breaks would not be tolerated by any of the other hosts. Also, I work in sales, and I cringe every time Dave is trying to sell his proven plan and she interrupts to play devil's advocate or just to antagonize.
I’m not sure if it’s cause I’m Rachel’s age and have this kind of relationship with my dad, but I find her very respectful. Actually I find them mutually respectful. They both just have different angles in which they view things and enjoy poking fun at each other. I personally find it amusing and like to see their different perspectives. It would be so boring to just hear all the baby steps repeated without some flavor and fun in the mix!
caller #1 … as much as the public makes bachelors who leave their bride villains. That was a great decision compared to divorce. If I was in his place though, there never would have been a chance for a disagreement with her parents. I’d offer to pay their costs long before they had the opportunity to ask.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
As 05/04/2023 after 15 long months , I am completely DEBT FREE!!!
Let all the glory be to God!!! No car payment, no student loan payments or credit card. Praise God for provision and the strength to persevere during this long journey. With God everything is possible!!!
Yay !! 🎉 Freedom and peace. 🙏🙏🙏
Amen! Congratulations!
Congrats,I can't wait until the day I can say this. About 31 months left, if not sooner
First caller. Losing $3300 for calling off an engagement is going to be a heck of a lot less than getting out of the marriage when the wife decides to send you through the family courts. Count yourself lucky for being wise beyond your years.
@Art Garfunkle how so?
@@artgarfunkle8779100% she dodged that bullet for sure!
90 percent of marriages are ended by woman. Statistically he made a good choice
I think getting married at 23 is too soon for many people (not all). All of us "older" folks look back at us at 23 and remember all the constant dumb mistakes and immaturity. The male brain doesn't fully mature until 25 as well. I think he just rushed into it.
$5300 /2 is $2650. Her family has agreed to $2000 of it (the dress), so really he was torn over $650.
Only daydreamers try to get an LLC without an adviser !!! It’s such a blessing that my husband and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what he lacks, he’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now. Especially getting a proficient advisor to work with because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours.
The only way I was able to scale through all of this without stress was by working with a financial adviser. My adviser *STEPHANIE KOPP MEEKS* has always had my back all through the process of property investment and investing in general. You can glance her name up on the internet and verify her yourself. She has years of financial market experience.
Thanks for sharing this financial insight. I currently make 106k/yr. No home or Investment and I work from home. I need to do something quick or else I’m going to be paying a lot to the IRS come tax season.
Watching Rachel and Dave banter and argue brings me so much joy. Love the father/daughter dynamic!
Millie was a hoot. Love when she made Dave laugh 3 times. Sharp/witty lady.
she isn't to sharp if she is going to marry that guy......that is the worst thing she can do..........
I LOVE this duo so much. The absolute best! I met Rachel a couple of weeks ago and she was delightful.
17:04 Jonathan, let me give you some advice someone told me once when I was chasing a certain kind of job at a certain place, and I kept praying about it and nothing would work out. She said to me, “Have you ever thought that God is closing the doors around you and you keep trying to pull on that one door and He’s on the other side of it holding it closed for dear life and you keep pulling on it! Maybe he wants you to open the door at the other end of the hallway that looks closed but it’s already unlocked and easy to open.” ☝🏼🚪 Just pray and be open to His answering. 🙏🏼
Brilliant advice.
i agree that binge watching the youtube channel isn’t as effective as going through FPU. i thought it wasn’t worth it since i’ve been watching rachel & dave for 10 years but we finally went through it when my husband was ready & it’s more beneficial & so much more informational then you would expect.
loved it so much we are doing it again since we have a year with it!
I didn’t realize what it was like to not live in an area that had bullets, drugs and drag races going on all night and health toll that took until I moved. That knot in my stomach is gone and I’ve noticed I’ve been sleeping better all around much better
It really is the best feeling at peace in your own house
I'm finally in a lovely neighborhood. It is a joy to take a walk and feel safe.
Happy for you 💜
Amen, it is life changing. I feel for anyone stuck in those circumstances. It affects quality of life so much
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@devereauxjnr I agree, that's the more reason I prefer my day to day invt decisions being guided by a fin-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a fin-advisor for over 2years+ and I've netted over 2.8million.
@@AlbertGReene-p8w I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@SkepticalMechanic-l9x My advisor is NICOLE DESIREE SIMON, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@AlbertGReene-p8w she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
I’m a millennial and I’m with Dave on choosing safe neighbourhoods. I lived next door to a man who started taking meth when his relationship broke down. A buddy moved in with him and they’d keep odd hours, play loud music a lot, had 5 dogs between them who would bark all night and when confronted, threatened violence. I didn’t even think twice, I put the house on the market the next week. People tried to encourage me to hold off, but I had two special needs children and a husband newly diagnosed with terminal cancer. We moved and rented for awhile. I’m now living in the most amazing neighbourhood, the house is a mess and I’m battling the city with fixing it up (we’re in a heritage zone, it’s a long story), but the kids and I now live in a safe, quiet neighbourhood and it’s worth the peace.
Peace is a real game changer in life. People who haven't experienced peace, don't understand that until it happens and it's an awakening. That includes finances, living conditions, health, faith, etc.
I love how Rachel challenges Dave. 😂
Great show as always. I've learned a lot this past month. I enjoy the family atmosphere from the Ramsey Show Team
Milly is hilarious 😂 😃 😄
I was advised to diversify my portfolio among several assets such as stocks and bonds. That this can grow my portfolio for retirement of about $450k to 3x it's value. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Wow! Monica is a SCAM!!!!
Wow how I wish I could 'discuss' things like you and Dave do (father and daughter) and it doesnt end up in a sulk or silence or one or other feeling hard done by (me included 🙂), it's fabulous to watch you both having a healthy, feisty discussion and ending it so well, brilliant.
Millie just sounds like a southern peach! 😊😊😊
Racheal with Dave is hilarious!😂
Been following the Baby Steps for years. Even hubby is on board! Appreciate all the advice and laughs over the years Dave! (We’re on Step 6, paying off the house) 😊
Love the dynamics of father and daughter. She’s so comfortable disagreeing with minor points of view with her dad. 😂
yes its absolutely fabulous to watch and knowing that millions of peoplel are listening to you, the confidence to do it is mindblowing.
I don’t think she disagrees with her dad.
She is covering different demographics and that’s her role.
Dave covers older people…
@@mirix1515she makes counter points and uses a different perspective. And yes that is disagreement sometimes. There's no disrespect involved. Not sure why people think disagreement is bad...
My spouse and I are diversifying our long-term investment portfolio by adding various stocks and ETFs. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.
Chase is smart to get out of it. He should pay the money to feel good about his choice.. her parents should feel blessed that Chase was a stand-up enough guy to not leave their daughter at the altar on the wedding day... like many people have experienced
Agree, if he had married the wrong person and ended up divorcing it would have really cost $$$$
And at 23 years old, yet. You’re so right.
@@jjkatzand tons of pain, if not more stuff...
Robert, I can relate-I had a similar experience in Atlanta, and it left such a mark that I’ll never live there again. It was even worse for us because we dealt with armed robberies in our neighborhood. The police took over 40 minutes to respond when we called. Peace of mind is everything, especially with a new baby.
There are a lot of OTP (outside the perimeter) places that are still rural or suburban, yet not far from Atlanta, where you can have peace of mind. In those areas, neighbors look out for each other, and the police respond quickly. Since I’ve been in a similar situation, my advice would be to focus on breaking even, then start saving for a down payment on a home in North Georgia. Wishing you and your family all the best 🙏. Everything will work out for you all! Sending prayers your way.
2:01:09 the look on Rachel’s face is amazing lol 😂 so nervous about what Dave is going to say next
Glad to see they said to go to the brother’s wedding even though in debt. It’s the right thing to do.
Bring Millie back, we need to hear more stories
Millie would be a great Ramsey personality. 😂
One time, I was in a less than ideal work environment, and it was so aggravating that I was tempted to report it to higher authorities...and then one day, I had the thought "Once this doesn't affect my paycheck, it doesn't matter". I was in a sales position.
And that changed my entire demeanor and my thought process about the situation. Even my boss noticed that I was more carefree about it YET the aggravating situation was still there.
In summary, there are times when it takes an internal shift in thinking to be able to make you accept and EXCEL in a situation that is aggravating.
Great words of wisdom. 🙌🙌🙌
In response to that, 2nd call with the gentleman who got fired. "Where one door closes, another door opens. Don't ever be afraid to walk through that next door that God opens for you. " Remain calm even in struggling times and put your faith and trust in God. I'm speaking from my personal experience, getting fired as well after 10 years of company loyalty and being a thoroughbred workhorse. I look back now 8 years later, and that's the best thing that's ever happened to me.
My job position was eliminated on May 9, 2023, after 20 years of working for an organization. Not sure what to do next.
Dave is right I stopped watching tv news since Covid just non stop nonsense I couldn’t take it anymore
Yep, it's gotten worse and worse, so negative and toxic!!
Millie is a hoot. 😂
she was straight gansta. ha. her house in the mtns sounds fabulous.
This show really hit hard after listening to the guests who called about their loved ones passing away. My prayers to them. My mother also passed away and fell in my arms in front of my daughters on my youngest bday in 2018. Still hurts till this day but you just learn to live with the pain. Sold the condo bcuz was real hurtful being there. Just wished I had been listening to this show then as I made some bad decisions with the $ from the condo. My mindset is different now as I watch this show everyday and finished two of Dave's books :)
Prayers to John and his family in Chicago 😢🙏🏻
To the girl that got broken up with before the wedding: YOU DODGED THAT BULLET!
We didn't need to hear her side to know that😂😂😂
I'm a man and I agree with that 💯
I don’t think girls can shoot 👀
Obviously good for both of them. We have no idea of any details so that is an awful comment
47:45 Sharon's leftovers are the reason Dave has a bandaid on his head lol
1:50:00 argument btn Dave and Rachel: Dave’s correct. If that order didn’t matter, then Dave’s plan would just be like every other plan. That exact part is why Dave’s plan is different from the rest.
100%. There are two really good reasons why I love Dave's focus on the Debt Snowball and not on interest rates (aka. The Avalache Method).
1) He understands that dealing with money is mostly a behavior problem, not a mathematical problem.
2) His baby steps puts you in the Best Possible Situation All Along the Way (and doesn't just look at the end result). He understands that Life Happens. In BS2, he wants you to have the lowest minimum payments possible. Eliminating the smaller debts gets rid of some of your minimum payments. Therefore, should something negative happen in your life, you have the least payment possible at that moment.
I would add that interest rates don't matter that much if you are gazelle intense about getting out of debt as most people can get out of debt within 24 months (I do believe Dave's not against re-financing if it is going to take longer). In the caller's situation, his interest rates are very reasonable. Doing the debt snowball, he'd pay the $6k first at 3.75% interest, then $11k at 0% interest, then $30k at 3.5%. To pay it off within 2 years, they'd have to throw more than $2k/mo at this debt. The first (smallest debt) to go would also be the highest interest and be gone in another 3-4 months. The second would be the no interest. After the first min payment is gone, they'd be putting probably $1.5k or more on the second, meaning it would be gone within 5-6 months. So the interest accumulated on the last debt over 5-6 months would be in the neighborhood of ~$70-80 a month, or about $300-400 saved over a period of ~18-24 months...not insignificant, but not huge.
I hope Rachel is truly listening to her Dad's wisdom.
@@joshhoward1289.
just to play devil’s advocate for a minute here’s a couple counterpoints to your reasons.
1. Fully agree that debt is mostly a behavior problem. However, I don’t think that the order you pay off the debts dictates if you’ve solved the behavior or not. You fix the behavior by not going into further debt and paying off what you currently owe. This can be done with snowball or avalanche.
2. Maybe you logic is right, but maybe it’s not (depends on the type of debt). Minimum payments are often based on a percentage of the debt. Just because you remove a $40 minimum payment by paying off the lowest balance doesn’t mean that your total minimum payments wouldn’t have gone down by $40 or more if you had applied that money to the balance with the largest interest rate.
I might add that if the interest rates don’t make a difference, then they can’t be used as an argument to support either side of the snowball vs. avalanche methods.
Rachel agrees with Dave on the snowball method, I think she’s just saying that it isn’t a hill worth dying on based on how the caller talked about convincing his wife. She seemed to be saying, come up with a compromise and stick to the important thing which is being serious together about paying off debt. Dave was pretty much like nope, there’s only one way and it’s the best way haha. They are both firm in their opinions and yet open-minded and playful and I’m here for it all 😂
Chase you need to pay the balance!
Love Dad and Daughter shows 😂❤
I never did FPU I’m just a RUclips wanderer 😂. I can make it through 3 years of content in about 2 months of listening to it all day at work.
It’s good that the neighborhood might appreciate for Robert which means he’ll be ABLE to sell it without biting it.
Love Ms. Milly 😂
Dave should change his theme song from "Baker Street" to "Right Down The Line".
Diana is doing the right thing when it comes to staying home with her kids as they become teens. Teens need someone at home when they come home. My son would have been much better off if I had been there when he came home at 13. Their friends start to be too much of an influence--or in our case the bullies got away with it at school and we almost lost him way too early. Thankfully as a single mom, we made it through this tragic time.
I’m so happy to hear that, I’m thinking of staying home with the kids when they’re school aged for this reason
I appreciate your approach to teaching. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, heard some guy speaking of making over $1.3m from a $300k capital since the pandemic and I'm driven to ask what skillet and strategy can generate such profit
Find stocks with market-beating yields and shares that at least keep pace with the long term market trend. However, for a successful long- term strategy you have to seek guidance from a financial advisor.
I’ve seen both sides of the coin , I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to an advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.
interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
I personally work with ‘’Colleen Rose Mccaffery'' she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
Run Millie run. You are a target for these broke fogies.
She could always get a HARD STEELE PRENUP!!
Agree or at the very least, don't get married.
The old lady’s accent ❤❤❤
She is not old!
Dave: The Last Airbender
I need to go hang with Millie! She can adopt me as a daughter or granddaughter (I’m 37) ☺️ bless her heart! Too fun! ❤
This!!
The father and daughter arguments 😂
Hi Dave Ramsey
You are a blessing. To me. I will give you a 5 star rating. Thank goodness for your money knowlegde
Preach Dave!!
1:58 so hilarious! I can imagine the conversations off the air around the dinner table. 😄
The 48yo lady making 1M a year.. you just know she’s super capable, talented and confident just by hearing her tone talking!
Diana could also do consulting work for part of the week while they’re in school for a great hourly rate
How do you get these jobs.
Dave Ramsey for US President 2024 🇺🇸
Independent daughter is a sign of good parenting. I’ll figure Dave’s luckiest day was when he married his wife.
Split bills by percentage
Milly is around 28 to 30 minutes mark. 😉😁
Awesome thanks, listening now. Millie starts at 25:10
Rachel Cruze was ready to argue today lol😂
Diana why do you have a mortgage with your large savings?
Sounds worst than a divorce! You did the right thing. Run!
What I like about Rachel is that she does not always agree with Dave, like the other personalities do. They will shake their heads in agreement with Dave no matter what his advice is. Of course, he's her father. Therefore, I believe Dave allows her that "license" to do so. Furthermore, she naturally feels more comfortable calling him out as it is needed.
I do like that she disagrees, but she’s almost always wrong. LOL.
@@LyonsArcademaybe, but she isn't scared and a different perspective helps sometimes.
1:01:00 The Rachel squeal lol I bet some calling out will be happening during the break!
The guy who broke off the engagement - Marriage was his idea and he changed his mind, which is good that he ended things if it wasn't right. However money was spent bc of his idea and commitment so he is responsible for a large part of that. If money was spent that was way obove what he intended, then it's more complicated.
His idea? Lol how many people get engaged, 1 or 2?
It probably just me, but I keep imagining Dave's band aid but its blue and has an arrow on the end. You all know what I'm talking about 😅
Millie is a legend 😂
22:20 Dave must be a big Gerry Rafferty fan.
Wow Diana is a Rockstar 2Million year👏🏼👏🏼👏🏼🤩🤩🤩
Yay Millie! Yes, 100% walk in closet! Smart Lady!
No friggin way Millie, don’t do it.
Agree.
Dude makes 78k and is apprehensive about paying 3k for a wedding that he canceled??
He's 23 and wants advice. That takes courage and is smart to get a second opinion about anything involving $3,000. He was already 90% there, he just wanted good council first.
Hope your head is ok Dave. I spot the band aid trying to camouflage there! Solid advice though, I enjoyed this episode :). Thanks.
I wonder if it was green? Haha
Probably a biopsy site from a possible skin cancer. I have had them.
With the bandaid Dave looks like Avatar The Last Airbender
Five Stars here
This episode was wild 😂😂
I love you man
I think I'll stay single. I'm too old & impatient to teach someone to be a financial adult.
Funny ending!! 😂
I wish I had the money to join the class
Sorry. Do you belong to a church? Consider talking to them. Or call the show, they often give it away to callers.
I would suggest checking the library. I'm going to check mine this week. I'm hoping that they have some of these books. I'm disappointed that you have to pay for the app.
About once a year, the Ramsey site offers a free trial which includes the nine video classes of FPU. I watched them a couple of years ago when Hogan "The Voice" was still in the video. Great stuff!
We all love Millie
Don't listen to them. It's 50/50 because she's a boss and a queen.
dave and rachael always argue. its funny. ha
So the first caller had no doubts before the engagement
Yeah life changes, especially at 23
I did the financial peace university with my husband but he still didn't do what we were taught he spent money that was not his fun money on other things that was just for him. And then we went to counseling and all he got out of it was i was to do all the house work and go to work and pay all the bills and he geta to keep all his money so i thought what do i need him for so i left. And now he is mad that i left and is telling every one that i will be coming crawling back but guess what he now has to pay bills because i am not paying for a place i am not living at.
Why are mothers wanting to be a stay at home mom for teenagers? Do they not realize that teenagers are rarely home? And why do so many women think it's all or nothing? Part-time keeps you in the marketplace in the event you ever want to return to full time.
1:13:11
That’s right! Just pay it! Plus! There’s no reason for a man to get married at 23 imho lol! Go live and learn more! But courageous move!
@Art Garfunkle owning up to a mistake he made before committing for the rest of his life, that is. Imagine him doing it in the altar? 👀
@@artgarfunkle8779it's better than getting married to someone, having kids and leaving after a few years when it gets really bad.
He made empty promises that were well on their way to bite him in the butt and in total classless act fashion decided he wanted to negociate and make the already heartbroken girl that got dumped mitigate the impact HIS desicion would have on him. Not really courageous.
@@ThereSaSpiderNMySouplol you must know this couple, because you speak in specifics that we didn't hear about.
So I have been watching this show nonstop for like a month and I have no idea what it means when they say broadcasting from “the pods moving in storage”
Pods Moving and Storage is a business, they give Dave money to advertise, Dave names the studio after the company
40:45 the one who complains the most is almost always the problem
Everybody wants to go to the ladies class
If you think about the first call, the girl and her parents were very reasonable about the money they weren’t spending a ton on the wedding, and then deducted the price of the dress, even though they could argue that that was his idea as well since he proposed. So I see her family is very reasonable, and this guy is calling a national talkshow to ask you if he should be paying what he’s clearly obligated to pay. I don’t think she was the problem.
Right? Considering what could ha been spent on the wedding and him calling it off later. 3k is pennies long term
I like these two together but I also felt more tension in this show than ever before. I think one does not have to agree with Dave but on another level there should be a certain amount of respect for dad…and boss that may have missed the mark today.
That's the one thing I don't like about having Rachel in the show. She acts way too casual. This is a radio show with millions of listeners, and the constant interrupting and talking into commercial breaks would not be tolerated by any of the other hosts. Also, I work in sales, and I cringe every time Dave is trying to sell his proven plan and she interrupts to play devil's advocate or just to antagonize.
I’m not sure if it’s cause I’m Rachel’s age and have this kind of relationship with my dad, but I find her very respectful. Actually I find them mutually respectful. They both just have different angles in which they view things and enjoy poking fun at each other. I personally find it amusing and like to see their different perspectives. It would be so boring to just hear all the baby steps repeated without some flavor and fun in the mix!
Sleep in your husband's old bedroom 😂😂😂😂 says Dave
caller #1 … as much as the public makes bachelors who leave their bride villains. That was a great decision compared to divorce.
If I was in his place though, there never would have been a chance for a disagreement with her parents. I’d offer to pay their costs long before they had the opportunity to ask.
Pay your mortgage off then grif for one year then decide
Parents could take him to court and win. Just pay it
14:40 interesting how such a small emergency fund can easily bite you in the butt. Don’t drain it to pay off low interest debt.
who is eddie? i see hes on the personality list but hes not on the broadcast
Also wish they would address this
I think they said he's their live event host.
If you ever watch any of their event shows on RUclips you will see him. He does their live events too.
@@FreeScott he’s a live event host at Ramsey. He’s incredibly talented, he is in the same role George was before he came in a personality.
Caller #1 is petty. Fiancée dodged a bullet.
1:42:00 in 😮 seems like maybe Dave yelled at his daughter to not talk over him or something sheesh awkward 😮
I think the girl dodged the bullet . Chase sounds like a jerk
People at 23 change their minds, a lot. Sorry you don't understand that